Multiple Choice
One of the most significant factors causing the recession of 2007-2009 was
A) very low crude oil prices.
B) the bursting of the housing bubble.
C) very low interest rates maintained by the Federal Reserve.
D) the huge federal government budget surplus.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Non-discretionary fiscal policies that increase aggregate demand
Q3: The new tools of monetary policy that
Q4: During the recession of 2007-2009, the Federal
Q5: The new tools of monetary policy that
Q6: In 2007 relative to 2001 in the
Q8: The efforts to reduce the deficit in
Q9: Non-discretionary fiscal policy designed to counteract a
Q10: Prior to the recession of 2007-2009<br>A)revolving debt
Q11: TARP was created during the Presidency of<br>A)President
Q12: The recession of 2007-2009 started<br>A)with the financial